Making Changes to Corporate and Individual Income Taxes, Indian Tribe Resource Programs and Previous Legislation

Tax Cuts and Jobs Act (H.R. 1) – The GOP-sponsored tax reform bill made final passage through Congress on Dec. 20. The following are provisions with the widest-ranging impact: Lowers the corporate tax rate from 35 percent to 21 percent Allows companies a one-time repatriation of overseas cash Retains seven individual tax brackets: 10 percent, … Continue reading “Making Changes to Corporate and Individual Income Taxes, Indian Tribe Resource Programs and Previous Legislation”

Weighing the Impact of the Equifax Breach

Call it ironic that on the very day Equifax went public with news of its massive data breach, Congress was holding hearings on reducing the regulations imposed on U.S. credit bureaus. Long before the recent breach that exposed confidential data affecting about 143 million Americans, Equifax had been lobbying aggressively on issues involving data security … Continue reading “Weighing the Impact of the Equifax Breach”

The Importance of Quantum Computing

To understand what quantum computing is and why scientists find it exciting, we need to understand how traditional computing works. Today’s computers use switching and memory units – known as transistors – to store and retrieve data. These transistors handle many of the tasks calculators used to handle. Transistors have become much smaller – almost … Continue reading “The Importance of Quantum Computing”

The Trump Tax Reform Plan – What Is and What May Be

Major tax reform enactment is a rare event, with the last occurring back in 1986 under President Ronald Reagan. As a result, current discussions could pan out to be much ado about nothing; however, with the solid majorities that Trump and the Republicans hold in both houses of Congress, there is real potential for tax … Continue reading “The Trump Tax Reform Plan – What Is and What May Be”

Solid Economic Growth and Stellar Tech Earnings

Standoffs with North Korea, three devastating hurricanes at home, escalating political tensions and political crises in Spain and Germany did not make a dent in Wall Street’s bull run in the third quarter of 2017. October did not buck this trend. As the month drew to a close, the U.S. markets hit record highs and … Continue reading “Solid Economic Growth and Stellar Tech Earnings”

Internship Considerations for Businesses

When it comes to businesses and organizations looking for talent, working with colleges and universities for future interns is a viable option. While projections for 2016 showed a 4.8 percent drop for internship opportunities, as the National Association of Colleges and Employers reported, the insurance, finance and real estate industries expected to increase their internship … Continue reading “Internship Considerations for Businesses”

High Concept Strategies: Evidence-Based Investing

This is the second in a series of articles discussing various types of high-concept investment styles. This month we explain evidenced-based investing. Investors and their advisors frequently are influenced by a variety of factors, ranging from news, rumors, biases, gut instinct, emotions (from exuberance to fear), marketing tactics, compensation models and business models. While any … Continue reading “High Concept Strategies: Evidence-Based Investing”

Transparency for Elder Abuse, Internet Ads and Drug Pricing

Elder Abuse Prevention and Prosecution Act (S. 178) – Sponsored by Sen. Chuck Grassley (R-IA) on Jan. 20, this bill is intended to prevent elder abuse and exploitation and improve the justice system’s response to victims in such cases. Among other provisions, the Act facilitates improved data collection and Federal coordination, and enhances penalties for … Continue reading “Transparency for Elder Abuse, Internet Ads and Drug Pricing”



© 2020  CPAs Fairfield NJ
Accounting Websites by